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Res 1994-116
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Res 1994-116
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6/29/2007 11:26:38 AM
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6/29/2007 11:26:38 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1994-116
Date
7/25/1994
Volume Book
116
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<br /> 5§f) <br /> -5- <br /> 16. Liability Insurance. Lessee agrees to maintain and keep in force beginning <br /> on the date Lessee takes possession of the Premises and continuing during the term of <br /> this Lease, public liability and property damage insurance with a company authorized to <br /> do business in Texas, with limits of at least $250,000 per person and $500,000 for any <br /> single occurrence for bodily injury or death and $100,000 for any single occurrence for <br /> injury to or destruction of property. The coverage procured by Lessee shall name Lessor <br /> as co-insured and shall contain the endorsement that such insurance may not be <br /> .- ~ cancelled or amended without 30 days written notice by certified mail, return receipt <br /> requested, to Lessor by the insurance company. A certificate for this coverage shall be <br /> delivered to Lessor within 30 days of the commencement date of this Lease, and annually <br /> thereafter. The limits of any insurance coverage herein required shall not limit Lessee's <br /> liability under the preceding section. <br /> 17. Insurance Requirements for Construction. Lessee warrants that any <br /> contractor hired by the Lessee and paid to perform construction work on the Premises <br /> shall carry worker's compensation insurance for any employees engaged in the work as <br /> required by statute. Lessee further warrants that any such contractor shall maintain and <br /> keep in force from the date construction begins until the date the premises are <br /> surrendered to the Lessee for occupancy, builders risk insurance with extended coverage <br /> in a sum not less than the full value of the work to be performed, and public liability <br /> insurance in at least the limits specified in paragraph 16 of this Lease, all with companies <br /> authorized to do business in Texas. <br /> 19. Assiqnment. Lessee shall not sublease all or part of Premises or assign this <br /> Lease or any interest in it without the express written approval of Lessor, which shall not <br /> be unreasonably withheld. Any attempted assignment or subletting of this Lease or the <br /> Premises without this written approval shall be of no force or effect, and shall confer no <br /> rights upon any assignee or sublessee. <br /> 20. Mechanic's Lien. During the ter~ of this Lease, Lessee shall not permit <br /> any mechanics' or materialmen's lien to be filed against the interest of the Lessor in the <br /> Premises or against Lessee's leasehold interest in the Premises, and nothing in this <br /> Lease shall be deemed or construed in any way as constituting the consent or request <br /> of Lessor, express or implied, to any contractor, subcontractor, laborer or materialman for <br /> the performance of any labor or the furnishing of any materials for any specific <br /> improvement, alterations or repair to the Premises or any part thereof. <br /> 21. Termination. Lessee may terminate this Lease by giving 30 days written <br /> notice to Lessor of Lessee's election to so terminate, stating the date of termination. <br /> Lessor may terminate this Lease 30 days after Lessee ceases use of the Premises <br /> for the purposes described in Section 3 above. If Lessor elects to terminate this Lease <br /> for this reason, Lessor shall give Lessee 10 days written notice that Lessor so intends to <br /> terminate this Lease because of the cessation of the use of the Premises for those <br />
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